Shares of FMCG major ITC surged nearly 3 per cent intraday on Wednesday as analysts maintained a positive stance on the company on the back of its robust growth prospects and efforts on ESG (environmental, social, corporate governance) front.
ITC's diversified portfolio of multiple strong brands is poised to continue its double-digit revenue growth trend over the next three years, according to global brokerage firm Credit Suisse. "Profitability has improved significantly, and the company's EBITDA margin is likely at around 9 per cent in FY21. We see a path to ITC's ...
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